Tripaya
closedA travel site that allows to search trips according to budget and interests.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (71 %) | 972 % | 120 % | (61 %) | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 15 % | 12 % | (15 %) | 22 % | 11 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 7 % | (8 %) | (18 %) | 17 % | 6 % | 65 % | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Based in Lisbon, Portugal, Tripaya was established in 2015 by founders Andre Ramos and Gustavo Ramos. The company operated as an online travel meta-search engine with a distinct approach to trip planning. It positioned itself in the consumer travel market by allowing users to discover destinations based on their budget and interests, such as beach, romance, or even niche themes.
The service functioned by prompting users for their total travel budget and preferred trip style. In response, the platform would generate a curated list of potential destinations, complete with flight and hotel packages that fit the specified criteria. This model aimed to solve the initial hurdle of travel planning: deciding where to go. The platform aggregated data from over 100 other sites, including flight information sourced from Skyscanner's API and accommodation options from providers like Booking.com. Its database featured over 2,000 handpicked destinations, offering alternatives to more common tourist spots.
Tripaya's revenue model was centered on lead generation for its partners. When a user clicked through to a partner site, Tripaya would earn revenue, and it also received commissions for completed bookings. The company reported significant organic growth, claiming to have reached 100,000 visitors in July 2016 without marketing investment. It received support from the accelerator Startup Lisboa. Despite its initial traction, the company is now listed as out of business.
Keywords: travel meta-search, budget travel planning, destination discovery, online travel agency, trip inspiration, flight and hotel packages, lead generation, travel booking, travel technology, consumer travel, Lisbon startup, Andre Ramos, Gustavo Ramos, Startup Lisboa, Skyscanner API, travel search engine, personalized travel, trip planning tool, holiday packages, vacation ideas